February 3, 2024

From green hype to bailouts, the nickel industry has imploded

The nickel market has been thrown into chaos after a flood of new supplies from Indonesia — the result of huge Chinese investment and major technological breakthroughs.

February 2, 2024

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials.

February 2, 2024

LME clearing house reshuffles management

LME clearing house has reshuffled its management team with the appointment of a new COO, a CRO and head of clearing risk.

February 1, 2024

Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls

Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.

February 1, 2024

South32 hits IGO with $80 million royalty lawsuit

South32 claims it is owed royalties tied to IGO's former stake in the Tropicana gold mine in Western Australia.

January 31, 2024

Trafigura-backed nickel mine seeks new partner for bailout

The trading giant declined to contribute more funds as part of a French government rescue package for the New Caledonian mining industry.

January 31, 2024

NiCAN shares soar on high-grade nickel results at Wine project in Manitoba

The program followed up on results from drilling completed in last year’s first quarter, when a new nickel bearing horizon inside the Wine gabbro was discovered.

January 31, 2024

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new…

January 31, 2024

Russian oligarch Potanin wins divorce claim appeal, case continues

A claim by Potanin's ex-wife to a share of his stake in Nornickel can continue in court, despite the businessman winning an appeal.

January 31, 2024

Deep-sea mining could contribute to increasing the scale, speed of climate change – study

New research shows that disturbing the seabed could increase the scale and speed of climate change.